CBN directs payment service providers to begin PoS transaction tracking …C0NTINUE READING HERE >>> The Central Bank of Nigeria has issued a 30 days ultimatum to Payment Service Providers (PSPs) in the country to adhere to the revised routing instructions for Point of Sale (PoS) transactions. The directive was issued in a circular dated September … Read more
CBN approves $20,000 for eligible BDCs at N1,580 exchange rate …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a dollar. Advertisement This is according to a statement issued by Dr Williams kanaya, the Acting … Read more
CBN records $553m remittance inflows for July …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN), says it recorded a significant increase in remittance inflows of 553 million dollars in July. According to a statement issued by CBN’s Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali, the all-time high remittances represents a 130 per cent … Read more